Press release
Gear Pumps Market Size, Trends, Growth, Segmentation and Key Companies:Bosch Rexroth, Bailey International, Eaton, Parker Hannifin, Kawasaki Heavy Industries, Danfoss, Permco Gear Pumps, Atos, Hayward Tyler Group, Dantal Hydraulics, Roper Pump Company, Co
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
A gear pump uses the meshing of gears to pump fluid by displacement. They are one of the most common types of pumps for hydraulic fluid power applications.
The earthmoving, mining, and material handling segment led the market and will continue to dominate the market in the coming years. This sector includes machinery that is used extensively in capital-intensive sectors such as mining, infrastructure development, and construction activities.
In terms of geography, the Americas was the leading revenue contributing region in the global gear pump market dutring 2017 and is anticipated to continue its dominance over the next couple of years. Since the US is the major exporter of machinery and equipment, mostly all other nations are dependent on the US for equipment for almost all the sectors. The US caters to several industries including construction, farm, oil and gas, mining, material handling, engines, industrial equipment, refrigerating and heating systems, pumps, and pumping equipment for machinery manufacturing. This generates an augmented demand for spare parts including gear pumps in the region.
In 2018, the market size of Gear Pumps is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Gear Pumps.
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In United States, European Union and China market, the following companies are covered:
Bosch Rexroth
Bailey International
Eaton
Parker Hannifin
Kawasaki Heavy Industries
Danfoss
Permco Gear Pumps
Atos
Hayward Tyler Group
Dantal Hydraulics
Roper Pump Company
Commercial Shearing
Viking Pump
Market Segment by Product Type
Cast Iron Pumps
Aluminum Pumps
Other
Market Segment by Application
Earthmoving, Mining, and Material Handling
Agriculture and Forestry
Construction
Automotive
Other
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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